8/298 Park Avenue, Kotara NSW 2289

3-bed villa on large shared site | flood overlay applies | strong rental demand | school catchment | low-maintenance living A three-bedroom villa on a 2,203 m² shared site is offered in Kotara, where established amenity and low-maintenance housing are in steady demand. The property’s configuration is made distinctive by a compact villa footprint combined with a substantial landholding, which is rarely seen in this housing type. A sense of space is provided without the upkeep of a detached house, and the villa is placed within sought-after school catchments. The current rental listing reflects active investor interest. This property is best suited to a first-home buyer seeking a practical foothold, a downsizer wanting single-level convenience, or an investor targeting reliable rental appeal. Buyer perception and insurance costs may be affected by the flood overlay, and its impact should be weighed carefully. Redevelopment potential might be limited by the shared-site arrangement, although maintenance responsibilities are kept modest. Value is likely to be influenced by the condition and presentation of the villa, and by the relationship between the current asking rent and achievable market rent. Buyer interest may be narrowed or widened depending on these factors. >> Comparable Sales: A townhouse at 3/278A Park Avenue, Kotara sold for $881,000 | Property Price Band: $700,000–$800,000 | Value Drivers: landholding scale, flood overlay, presentation